422 EIGHTH STREET, New Westminster
$1,029,000
This 6,534 sqft property in New Westminster is a detached single-family home on a lot the new rules make suitable for a multiplex. New Westminster follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Heritage character adds a design step on some streets.
Ideal site for a developer for multi family building. Property to be sold as is.. Main value is in land. Bring and OFFER...vendor wants it Sold.
How this price compares
This lot asks $157 per square foot of lot. That is 34% below the median of $238 across the 111 active lots VanPlex is showing in New Westminster, and puts it 6 of 111 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,029,000
- Lot size
- 6,534 sqft
- Lot dimensions
- 49 x 131
- Frontage
- 49 ft
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- 1895
- MLS® area
- Uptown NW
- MLS® number
- R3098340
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Listing data via MLS®. Displayed for information only.